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News Discussion
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ZoomyPenguin
ZoomyPenguin
Stealth

what's going on with the IPO scam 🤔

Lenskart IPO - 70,000 CR MRR Ltd - Market Cap - ~67000 CR

Who's responsible most for such scams???

SEBI 🥴
Govt 😕
Indian Citizens 🥹
Promoters of company 🤓
How would I know bro? 🍇🍇🍇
1550 votes16d left
13d ago
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JumpyPancake
JumpyPancake
Swiggy13d

Investment banks

SqueakyBurrito
SqueakyBurrito
Carelon13d

Now Sebi has come up with new rule that nutual funds can not invest in IPOs before listing, it will reduce the PE companies ask for in future.

DizzyTaco
DizzyTaco
Adidas13d

Jab paisa mil rha hai, toh koi kyun mna krega?

JumpyPancake
JumpyPancake
Swiggy13d

If stock tanks, people lose faith and they don't invest in it again.

Be greedy but not to the extent that you end up screwing people

PeppyRaccoon
PeppyRaccoon
Oracle13d

It's all about stupid investors, they are selling it at a premium price because someone is willing to buy.

ZoomyPenguin
ZoomyPenguin
Stealth13d

Typo lol 😂 MRF ltd, just ignore that 🤦🏻

ZippyPickle
ZippyPickle
Google13d

Do a scam and pay sebi fine

DizzyNugget
DizzyNugget
Stealth13d

May be sebi, why they allow to launch ipo in such high valuation .

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